The median contractor rate for a RAD Developer was £565 per day in advertised job vacancies in London during the 3 months to 24 April 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Rapid Application Developer (RAD) Developer
England / London
3 months to
24 Apr 2017
Same period 2016 Same period 2015
Rank 388 415 382
Rank change year-on-year +27 -33  
Contract jobs requiring a RAD Developer 12 21 46
As % of all contract IT jobs advertised in London 0.060% 0.091% 0.20%
As % of the Job Titles category 0.063% 0.095% 0.21%
Number of daily rates quoted 4 15 40
Median daily rate £565 £500 £450
Median daily rate % change year-on-year +13.00% +11.11%  
90% offered a daily rate of more than £375 £475 £400
10% offered a daily rate of more than £752 £544 £550
UK excluding London median daily rate - £375 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
London
Contract job vacancies with a job title containing a recognized job role 19083 22003 21492
As % of all contract IT job vacancies advertised in London 94.67% 94.98% 94.81%
Number of daily rates quoted 13596 15907 14752
Median daily rate £475 £463 £450
Median daily rate % change year-on-year +2.70% +2.77%  
90% offered a daily rate of more than £310 £300 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 247 255 384
Median hourly rate £20.50 £17.50 £19.00
Median hourly rate % change year-on-year +17.14% -7.89%  
90% offered a hourly rate of more than £13.50 £12.00 £12.50
10% offered a hourly rate of more than £50.00 £40.00 £55.00
UK excluding London median hourly rate £17.50 £18.50 £16.60
% change year-on-year -5.40% +11.44%  

RAD Developer
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured RAD Developer in the job title.

Job vacancy trend for RAD Developer in London

RAD Developer
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing RAD Developer in London.

Contractor daily rate trend for RAD Developer in London

RAD Developer
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing RAD Developer in London over the 3 months to 24 April 2017.

Contractor daily rate histogram for RAD Developer in London

RAD Developer
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing RAD Developer in London.

Contractor hourly rate trend for RAD Developer in London

RAD Developer
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing RAD Developer within the London region over the 3 months to 24 April 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +4 1 - -
RAD Developer
England

RAD Developer Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 24 April 2017, RAD Developer contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring RAD Developer in the job title.

1 24 (88.89%) RAD
2 18 (66.67%) VBA
3 17 (62.96%) Front Office
4 15 (55.56%) C#
5 13 (48.15%) Microsoft Excel
6 12 (44.44%) SQL
7 10 (37.04%) Finance
8 9 (33.33%) Python
9 6 (22.22%) Derivative
9 6 (22.22%) Banking
9 6 (22.22%) Asset Management
9 6 (22.22%) Fixed Income
9 6 (22.22%) Bloomberg
10 5 (18.52%) SQL Server
10 5 (18.52%) Spreadsheet
11 4 (14.81%) NoSQL
11 4 (14.81%) QA
11 4 (14.81%) PowerShell
11 4 (14.81%) Greeks
11 4 (14.81%) Technical Analysis
11 4 (14.81%) Business Analysis
11 4 (14.81%) Risk Management
11 4 (14.81%) CRM
11 4 (14.81%) OO
11 4 (14.81%) Reuters
12 3 (11.11%) ADO
12 3 (11.11%) OOP
12 3 (11.11%) .NET
12 3 (11.11%) Validation
12 3 (11.11%) SDLC

RAD Developer Skill Set
Co-occurring IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 13 (48.15%) Microsoft Excel
2 5 (18.52%) Spreadsheet
Database & Business Intelligence
1 5 (18.52%) SQL Server
2 4 (14.81%) NoSQL
3 2 (7.41%) MySQL
Development Applications
1 2 (7.41%) Visual Studio Tools for Office
General
1 17 (62.96%) Front Office
2 10 (37.04%) Finance
3 6 (22.22%) Banking
4 2 (7.41%) Investment Banking
5 1 (3.70%) Financial Institution
5 1 (3.70%) French Language
5 1 (3.70%) Legal
Libraries, Frameworks & Software Standards
1 3 (11.11%) .NET
1 3 (11.11%) ADO
2 1 (3.70%) REST
Miscellaneous
1 6 (22.22%) Derivative
1 6 (22.22%) Fixed Income
2 2 (7.41%) Hedge funds
3 1 (3.70%) Analytical Skills
3 1 (3.70%) Equities
3 1 (3.70%) Equity Derivative
3 1 (3.70%) Interest Rate Derivative
Processes & Methodologies
1 24 (88.89%) RAD
2 6 (22.22%) Asset Management
3 4 (14.81%) Business Analysis
3 4 (14.81%) CRM
3 4 (14.81%) Greeks
3 4 (14.81%) OO
3 4 (14.81%) Risk Management
3 4 (14.81%) Technical Analysis
4 3 (11.11%) OOP
4 3 (11.11%) SDLC
4 3 (11.11%) Time Management
4 3 (11.11%) Validation
5 2 (7.41%) Mathematics
6 1 (3.70%) Agile Software Development
6 1 (3.70%) Continuous Improvement
6 1 (3.70%) Financial Modelling
6 1 (3.70%) Information Security
6 1 (3.70%) Mathematical Modelling
6 1 (3.70%) Proprietary Trading
6 1 (3.70%) Prototyping
Programming Languages
1 18 (66.67%) VBA
2 15 (55.56%) C#
3 12 (44.44%) SQL
4 9 (33.33%) Python
5 4 (14.81%) PowerShell
6 2 (7.41%) Go
6 2 (7.41%) Java
7 1 (3.70%) C
7 1 (3.70%) C++
7 1 (3.70%) Perl
Qualifications
1 3 (11.11%) Degree
Quality Assurance & Compliance
1 4 (14.81%) QA
Vendors
1 6 (22.22%) Bloomberg
2 4 (14.81%) Reuters
3 1 (3.70%) Oracle
3 1 (3.70%) Sybase
London
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